Utility Tokens

Utility tokens are digital assets that provide users access to a product or service within a specific platform or ecosystem. Rather than representing ownership like stocks, they function as a form of digital "ticket" or "voucher" that enables users to use features, participate in activities, or access resources. For example, a utility token might be used to pay for cloud storage or to unlock features in an app. They are essential for the operation of certain blockchain-based projects, serving as a practical tool rather than a traditional investment asset.